Need Money for a Car or Repairs? Explore Car Loans UK

A car deposit top-up, an MOT bill or an urgent repair can all arrive at once. CashFacts is a UK direct lender offering loans from £500 to £2,500, repaid in fixed monthly instalments.

Covers motoring costs: Used car top-ups, MOTs, servicing and repairs
Soft search first: Check your eligibility without affecting your credit score
Direct lender: No broker involved, so no broker fees

CHECK MY ELIGIBILITY (SOFT SEARCH)

Approval isn't guaranteed. Applications are subject to affordability and identity checks.

Get back on the road with fast, direct lender vehicle finance

Having access to a reliable car is essential for commuting to work, handling family errands, and staying independent. You may need to purchase a second-hand vehicle, pay an unexpected garage bill, or pass an upcoming MOT. Vehicle expenses often demand quick cash that isn't easily available in your current bank balance.

At CashFacts, we offer straightforward car loans in the UK designed to help drivers secure vehicle funding without complicated paperwork. As a trusted direct lender, we assess bad credit car loans based on your current monthly income and affordability. We give you a fair chance even if your credit score is less-than-perfect.

Which motoring costs could a car loan help with?

A personal vehicle loan can help with:

Used car purchases : A deposit top-up or the cost of an older, lower-priced car
Urgent repairs : Brakes, gearbox work, tyres or an unexpected breakdown
MOT and servicing : Annual tests and routine maintenance
Tax and insurance : Annual costs, though cheaper ways to spread these may exist (see below)

Is a car loan the same as car finance?

No. Ours is a personal loan, not a dealer finance agreement. Compare:

Feature	CashFacts personal loan	Dealer finance (HP or PCP)
Type	Unsecured personal loan	Agreement tied to the car
Who owns the car	You, once you buy it	HP: after the final payment. PCP: only if you pay the final amount
If you default	Loan collection process	The lender can take back the car, subject to legal protections
Typical borrowing	£500 to £2,500, short term, high-cost	Often larger amounts over longer terms

Check every agreement carefully before you sign.

Are there cheaper ways to cover motoring costs?

Compare these first:

Vehicle tax : Often payable by monthly Direct Debit. Check any extra charge
Insurance : Compare monthly and annual prices
Garages : Ask whether staged payments are available for big repairs
Credit unions : Often lower cost, though membership rules apply

How do you apply for a car loan?

1. Choose your amount. Pick between £500 and £2,500 and a repayment term that fits your budget.
2. Complete the short form. Enter your income, regular outgoings and bank details.
3. Review your agreement. If you're approved and verified, you'll see the total repayable before accepting. Once you accept, funds go to your UK bank account and you pay the garage or seller yourself.

Are you eligible for a bad credit car loan?

To apply for car finance with soft search, you must:

Be 18 or over and live in the UK
Have a UK bank account with a debit card
Have regular income paid into that account
Pass our affordability and identity checks

Past defaults or CCJs? See our bad credit loans UK page. Mainly on benefits? Read our guide to loans for unemployed on benefits.

Are you eligible for a bad credit car loan?

Why choose CashFacts for used car loans?

Direct lending: You deal with us, with no broker in between
Affordability first: We check repayments are manageable before offering a loan
Clear agreement: It shows the total repayable before you accept
Apply on your own: No guarantor needed. See our no guarantor loans

CHECK MY ELIGIBILITY (SOFT SEARCH)

Other borrowing needs? See our everyday loans, home improvement loans, debt consolidation loans, short term loans, Christmas loans and holiday loans pages.

FAQs

Can I buy from a private seller, and what should I check?

Yes, because the funds go to your bank account. Private sales offer fewer protections, so check the MOT history on GOV.UK, the V5C logbook and a vehicle history check for outstanding finance. Always test drive first.

Will £500 to £2,500 be enough to buy a car?

It can help with a deposit top-up or an older, lower-priced car. For larger purchases, consider other finance and compare the total cost.

Do I still repay if the car breaks down or is written off?

Yes. The loan is separate from the car. Check your insurance, warranty and breakdown cover before you buy.

What if I need the car for work and can't make a repayment?

Can I repay early?

You may be able to. Check your agreement to see how early repayment affects what you owe.

Representative Example

You borrow£750

Loan term6 months

6 monthly instalments of£204.00

Total interest charged£474.00

Total amount repayable£1,224.00

Representative APR (fixed)498.8%

Borrow £750 over 6 months. Repay in 6 monthly instalments of £204.00. Total amount repayable: £1,224.00. Total interest charged: £474.00. Representative 498.8% APR (fixed).

Warning

Late repayment can cause you serious money problems.

For help, go to moneyhelper.org.uk.

I want car loans for bad credit near me. Does CashFacts Offer?

Yes, we do.

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